31ae7f5b-ac7e-4725-bc14-67d9848b1b7a.pdf


BY HAND DELIVERY I FAX/E-MAIL Ref. No. SE/ 2015-16/56

October 26, 2015


BSE Limited

Sir P. J. Towers Dalal Street Mumbai 400 023.




National Stock Exchange oflnd ia Lim i ted Exchange Plaza, 5th Fir, Plot No.Cf I Bandra-Kurla Complex,

Band ra (East), Mum bai 400 051 .


FAX N0.022-2272 3121/3719/2037 FAX NO. 022-26598237/38


Kind Attn: DCS - CRD Kind Attn: Head - Listing


Dear Sirs,


Sub: Un-audited financial results [standalone] of the Corporation and the u n-a udited consolidated financial results for the q uarter/half-year ended Septem ber 30, 2015.

Ref: Intimation u nder Clause 30, 36 and 41 of the Listing Agreements.


We wish to inform you that at the meeting of the Board of Directors held today i.e. on October 26, 2015, pursu ant to clause 41 of the Listing Agreements, the Board has approved the un­ audited financial resu lts [standalone] of the Corporation and the un-aud ited consol idated financial results for the quarter/half-year ended September 30, 2015, which have been subjected to a limited review by the Statutory Aud itors of the Corporation.


A copy of the said resu lts along with the limited review reports issued by the Statutory Auditors of the Corporation is enclosed herewith. Further, please note that the resu lts and the reports are being uploaded on the website of the Corporation i.e. www.hd fc.com and will be published in the newspapers, in terms of Clause 41 of the listing agreements.


At the said meeting, the Board of Directors also granted :


  1. In-principle approval for establishment of a Sponsored Level 1 ADR programme in respect of up to 10% of the issued and paid-up share capital of the Corporation, pursuant to the Depository Receipts Scheme, 2014, subject to requisite gu idelines to be issued by SEBI. The said programme envisages conversion of existing equity shares of the Corporation into ADRs and does not in any way entail any issue of additional shares of the Corporation.


  2. In-principle approval for issue of Rupee denominated Bonds Overseas up to USD 750 million, in accordance with the circular dated September 29, 2015 issued by Reserve Bank of India on External Commercial Borrowings (ECB) Policy - Issuance of Rupee denominated bonds overseas.


    I



  3. Approval for re-appointment of Mr. Keki M. Mistry as the Managing Director (designated as Vice-Chairman & Chief Executive Officer) of the Corporation, subject to approval of the shareholders of the Corporation .


We also wish to inform you that as per the provisions of the SEBI (Prohibition of Insider Trad ing) Regulations, 2015, the trading window for dealing in Securities of the Corporation by its Employees/ Directors will open from Thursday, October 29, 201 5.


You are requested to take note of the above and arrange to bring this to the notice of al I

concerned .


Thanking you, Yours faithfully,

For Housing Development Finance Corporation Ltd.



Encl : a/a


2

distributed by